A survey of 25 randomly selected customers found the ages sh
A survey of 25 randomly selected customers found the ages shown (in years). The mean is 32.96 years and the standard deviation is 9.81 years.
Solution
Note that the standard error is given by
SE = s/sqrt(n)
Thus, if n = 25,
SE = 9.81/sqrt(25) = 1.962
If n = 225,
SE = 9.81/sqrt(225) = 0.654
We see that it decreased. Dividng them, 1.962/0.654 = 3.
Thus, it is
OPTION B: DECREASED, standard error is divided by 3. [ANSWER]
